Zaheer Kachwala
Stories by Zaheer Kachwala
China’s DeepSeek sows doubts on Big Tech’s billion-dollar AI spending
The startup claims it took just 2 months and under $6m to build an AI model.
Brand aggregator Thrasio emerges from bankruptcy, names new CEO
Thrasio, which acquires third-party sellers on Amazon, said it would now focus on profitability.
Autonomous trucking startup Waabi raises $200m funding led by Uber, Khosla Ventures
The US-based company is also backed by Nvidia and relies on its AI chips to power self-driving applications.
China’s Xpeng eyes higher Q2 deliveries as discounts boost EV demand
Xpeng reported a gross margin of 12.9% in the first quarter, compared with 1.7% a year earlier.
Delivery Hero in $1.25b deal with Uber for foodpanda Taiwan sale, investment
Following the move, Uber would hold around 2.98% of the Delivery Hero’s new share capital.
